3480 Canoe Ripple RdSligoPA16255
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Sligo at 3480 Canoe Ripple Rd, Sligo, PA, 16255 generates $1,210/mo in rent, after a $2,129/mo payment. Total monthly income is $1,210/mo. Return on cash invested sits at 6.26% in year one, and rental yield is 3.34% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 30.12% and total cumulative return in cash sums $43,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,210/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16255, Sligo, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 828 (100%) |
| Owner Occupied HU | 553 (66.8%) |
| Renter Occupied HU | 189 (22.8%) |
| Vacant Housing Units | 86 (10.4%) |
| Median Home Value | $182,500 |
| Average Home Value | $257,848 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
40
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Listed by: Michael Bordell • Shawgo Real Estate LLC
Mls Name: Allegheny Valley BOR
Mls ID: #161355
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.